Successive South Korean presidents have promised to raise the historically low valuations of the country’s listed companies — the so-called Korea discount — with little success. The price-to-book ratio of Kospi companies reached a record low of 0.84 last year, meaning the market valued them below the stated worth of their net assets.

Foreign investors accelerated purchases of South Korean bonds at a record pace in May, highlighting growing appetite for the asset class in the run-up to the presidential election and ahead of the addition to a major global index.

SEOUL (Reuters) -South Korean President Lee Jae-myung said on Wednesday the government was preparing to revamp the country's tax system to boost dividend payouts, as part of a broader push to make the domestic stock market more attractive.

A Stryker brigade from Colorado arrived in South Korea in late May as the Army’s latest rotational unit tasked with deterring regional threats for the next nine months.

Just a week into his term in office, South Korea's liberal President Lee Jae-myung has moved against his ousted conservative predecessor.

A South Korean court has fined a woman for sexual misconduct after she pulled down a colleague's trousers - and his underwear, by accident - in front of their colleagues, local media reported.

BAE Systems has partnered with South Korean conglomerate Hanwha Systems to explore using its synthetic aperture radar technology in Azalea, the British defense prime’s planned intelligence, surveillance and reconnaissance constellation.

Germain's Lee Kang-in has pleaded with South Korea fans to get behind the team at the World Cup after more boos were aimed at coach Hong Myung-bo despite leading them to qualification.They eventually settled on Hong,